Responsible Investment Leaders
Responsible Investment Leaders are investment/asset managers that demonstrate:
- a commitment to responsible investing;
- the explicit consideration of environmental, social and governance (ESG) factors in investment decision making;
- strong and collaborative stewardship; and
- transparency in reporting activity, including the societal and environmental outcomes being achieved.
Since 2023, RIAA has adopted a two-tiered approach to the assessment of responsible investors in Australia and New Zealand based on RIAA’s Responsible Investment Scorecard. Based on the Scorecard, approximately the top 20% of investment managers in the research universe are recognised as ‘Responsible Investment Leaders’.
Who are Responsible Investors?
Similar to Responsible Investment Leaders, Responsible Investors also demonstrate a commitment to responsible investing; the explicit consideration of environmental, social and governance (ESG) factors in investment decision making; strong and collaborative stewardship; and transparency in reporting activity, including the societal and environmental outcomes being achieved. Responsible Investors are investment/asset managers who achieved a score of at least 15 out of 20 on the Scorecard but are not within the top 20% of all investment managers in the research universe.
Until 2023, all investment managers who scored above 15 were identified as Responsible Investment Leaders.
If you have any questions, please visit our Frequently Asked Questions (FAQ) page.
RIAA’s Responsible Investment Scorecard
Investment managers are assessed using the RIAA Responsible Investment Scorecard and are featured in RIAA’s Australia and Aotearoa New Zealand Responsible Investment Benchmark Reports. The quantum of assets under management of the Responsible Investment Leaders and Responsible Investors is used to determine the size of the responsible investment market each year.
RIAA’s Responsible Investment Scorecard consists of 26 questions, covering four key areas, or pillars:
Pillar 1:
Coverage of and
commitment to responsible
investing and transparency
Pillar 2:
Enhancing risk management through
explicit and systematic consideration of ESG
factors and other screens, including reporting of these
Pillar 3:
Being strong stewards for
more sustainable and resilient
assets and markets
Pillar 4:
Allocating capital to benefit stakeholders
and contribute to solutions as well as
measurement and reporting of outcomes
Being a Responsible Investment Leader or Responsible Investor recognises an investment manager’s whole-of-organisation attributes.
In contrast, RIAA’s Responsible Investment Certification differentiates quality, true to label responsible investment products that meet RIAA’s Responsible Investment Standard.
WHO ARE THE 2024 RESPONSIBLE INVESTMENT LEADERS?
In 2024, the following RIAA members were assessed as Responsible Investment Leaders across Australia and New Zealand:
Responsible Investment Leaders | Responsible Investment Leaders | Responsible Investment Leaders |
---|---|---|
abrdn | Ethical Partners Funds Management | Northcape Capital |
Acadian Asset Management | Fidelity International (FIL Investment Management Australia) | Northern Trust Asset Management |
Adamantem Capital | First Sentier Investors (Australia) Services Pty Ltd | Nuveen |
Alphinity Investment Management | Franklin Templeton Australia Limited | Paradice Investment Management |
Altius Asset Management | Harbour Asset Management | Pathfinder Asset Management |
AMP Wealth Management | Hyperion Asset Management Limited | Pella Funds Management |
ANZ New Zealand Investments Limited | IFM investors | Pendal |
Ausbil Investment Management | Impax Asset Management | Perennial Partners Limited |
Australian Ethical Investment Ltd | Janus Henderson | PIMCO Australia Pty Ltd |
Aviva Investors Pacific Pty Ltd | Macquarie Asset Management | Purpose Capital Impact Fund |
AXA Investment Managers Australia Limited | Magellan Asset Management Limited | Queensland Investment Corporation |
Baillie Gifford | Maple-Brown Abbott | Resolution Capital |
Bell Asset Management Ltd | Melior Investment Management | Russell Investments |
Betashares | Mercer New Zealand | Schroders Investment Management Australia Limited |
BNP Paribas Asset Management Australia Limited | MFS Investment Management | Stewart Investors |
BT Funds Management (NZ) Ltd | Milford Asset Management | T. Rowe Price |
ClearBridge Investments | Mint Asset Management | TAHITO Ltd |
Columbia Threadneedle Investments | Mirova | Teachers Mutual Bank Limited |
Conscious Investment Management Pty Ltd | Morrison & Co | Triple Eight Capital (T8 Capital) |
Devon Funds Management | Nanuk Asset Management | TT International Asset Management Ltd |
Dimensional Fund Advisors | New Forests | U Ethical |
DNR Capital | New Zealand Superannuation Fund | |
Emit Capital Asset Management | North Star Impact Pty Ltd |
WHO ARE THE 2024 RESPONSIBLE INVESTORS?
In 2024, the following RIAA members were assessed as Responsible Investors across Australia and New Zealand:
Responsible Investors | Responsible Investors | Responsible Investors |
---|---|---|
Accident Compensation Corporation | Equity Trustees | Perpetual Investment Management |
Affirmative Investment Management | Ethical Advisers Funds Management/Ethical Investment Advisers | Platypus Asset Management |
Apostle Funds Management | Kilter Rural Pty Ltd | Solaris Investment Management |
Australian Communities Foundation | Loftus Peak Pty Limited | Trillium Asset Management |
Australian Unity Limited | Macquarie Banking and Financial Services | Trust Managment Limited |
BayTrust | Medical Assurance Society New Zealand | Trust Waikato |
Booster Investment Management | Morgan Stanley Investment Management (Australia) Pty Limited | Uniting Financial Services (Treasury and Investment Services) |
Clean Energy Finance Corporation | Morphic Asset Management | Vanguard Investments Australia Ltd |
ECP Asset Management | Pengana Capital | Vontobel Asset Management Australia |
Click here to view the full list of Responsible Investment Leaders & Responsible Investors for 2024.